Today, we are excited to announce the public launch of Silversheet and to announce that we've raised a $2.9m Seed Round. The round was led by Upfront Ventures and we have some fantastic investors on board, including Rincon Venture Partners, SV Angel, Slow Ventures, BAM Ventures, and Cyan and Scott Banister.
Our lead investor, Greg Bettinelli, has a great blog explaining why they invested in Silversheet, and one of our co-founders, Miles Beckett, M.D., published a very personal post explaining why he's dedicated to reforming the healthcare system.
We are passionate about using software to transform the way medical facilities and practitioners collaborate and connect an we've received incredible feedback and support from the nearly 50 medical facilities using the product in our pilot. The medical credentialing and privileging process is one of the foundations of healthcare. It assures patients that their doctors are properly trained and that the facilities where they receive care meet basic quality standards.
We are excited to roll out our first product, an intelligent credentialing platform that saves time and money by digitizing documents, automating primary source verifications, and reminding physicians when their credentials are coming due. It's one step towards driving healthcare portability reduce the industry's continued reliance on paper and fax machines.
We look forward to partnering with you!